Business News
OJK Indonesia: East Java's Economy in Q2 2023 Outperforms National Growth
The economic growth of East Java in the second quarter of 2023 reached 5.24% year-on-year, surpassing the national average and securing the second position on Java Island. Head of the OJK Regional 4 in East Java, made this announcement during the Media Update and Knowledge Sharing event held with members…
Trade Surplus Demonstrates Indonesia's Resilient External Sector
The Ministry of Finance (MoF) has stated that Indonesia's foreign trade balance, which once again recorded a surplus, demonstrates the resilience of Indonesia's external sector. Amidst the moderating trend of commodity prices and a slowdown in global economic growth, Indonesia's trade balance continues to show a surplus. This indicates the…
Bea Cukai Gresik Becomes the First Office in Indonesia to Export through SSm QC, Accelerating Export Licensing
The Gresik Customs and Excise Office has successfully conducted its maiden export operation using the Single Submission Quarantine Customs (SSm QC) system. This achievement simultaneously establishes the Gresik Customs and Excise Office as the first office in Indonesia to successfully implement the technology, which is part of the National Logistics…
Indonesian Fisheries Targets USD 28 Million in Exports to China by 2024
PT Perikanan Indonesia, a member of ID FOOD, is making efforts to boost fishery product exports with the aim of increasing tax revenue and dividends for the state. The company's export map spans several countries, including the USA, China, Japan, South Korea, Singapore, and Taiwan. Sigit Muhartono, the President Director…
